
By Dan Novak
WASHINGTON (CNS) — The richest 1% of Americans control more wealth than the entire middle class combined, according to the Brookings Institution – a striking sign of income inequality that has accelerated since the Great Recession.
A bill introduced last week by Sen. Chris Van Hollen, D-Maryland, and Rep. Don Beyer, D-Virginia, aims to narrow the wealth gap by adding a surtax on millionaires.